The founder of the world's largest exchange 'Binance', Changpeng Zhao (CZ), stated that the classic 4-year Bitcoin cycle may be exhausted. According to him, the market has matured: institutions, derivatives, ETFs, global liquidity; now a supercycle is possible without deep bearish phases.
Yes, it must be acknowledged that the psychology of the market is changing: people believe that BTC is becoming the foundation of the global financial system, rather than just a speculative asset. A number of facts can be cited in support of this.
• increase in demand through ETFs in the USA and Asia;
• mining is becoming an institutional business;
• strengthening the role of BTC in international finance;
• retail enters only after institutions;
• technologies and tokenization accelerate capital turnover.
Conclusion: if the supercycle scenario is realized, then corrections will continue to occur, but they will not be as destructive as before. Well, friends, the global game is changing the seemingly established market rules before our eyes.
